In forex, the valuations of currencies are affected by several factors. Some of these factors include interest rates, the rate of economic growth, political decisions, prices of commodities such as oil, and more. Oil (Gas,…
Posts By Hassan Maishera
Forex Signals and ECN Go Hand In Hand
Forex signal services are a great way of making money in forex without spending your whole day staring at charts. Once you’ve selected a solid forex signal provider with a proven track record, you still…
USD, EUR Trading Recap – October 26, 2017
USD There wasn’t much action today in the Asian session with only the greenback making a significant mark on the market. This was due to the likely announcement of the Fed chair by President Trump.…
Forex Weekly Recap – October 23, 2017
Asian Session Recap The major event that was discussed during the Asian session this morning was the victory of Liberal Democratic Party (LDP) Shinzo Abeâ who became the PM of the country after winning a…
Asian and London Session Recap – October 19, 2017
Asian and London Session Events It was hectic trading during the Asian session today with factors such as New Zealand politics, China’s data dump and and Brexit. Before the session began, China released its retail sales, industrial…
Greenback Surge, Anticipation of Fed Meeting
Greenback Surge The greenback strengthened today as the the country’s index of business conditions rose to its highest level since 2014. The likely catalyst for this is the Federal Reserve meeting which is slated to…
GBP, Euro Struggle Amid Political Tensions
GBP, Euro Last week’s political tensions in Spain and Brexit issues in the U.K. adversely affected the performances of both the euro and pound as the greenback surged ahead of its competitors. GBP Comeback After…
London Session Recap – Forex Report October 5, 2017
London Session Currency Performances The London session today was intense and these are how the currencies performed. GBP The sterling performed poorly against its major competitors today. What caused this is still unknown but financial…
Greenback Strengthens, Sterling Weakens
The USD soared high today as the country’s treasury yields hit its highest level since July this year and due to expectations that the US Federal Reserve is considering increasing their interest rate for the…
Fed’s “Great Unwinding” Lifts Dollar
The “Great Unwinding” The signs that the US Federal Reserve will hike interest rates for the second time this year and the process termed as the ‘Great Unwinding’ of the past decade sent the bonds…
